Nintendo beats sony and costs 5.45 trillion yen

Nintendo is sweet with the sales of its Switch console and it does not seem that these will go down, with releases like Mario Odyssey, Splatoon 2, Xenboblade Chronicles or the recent Arms . It is doing so well in these early bars of the Switch on the market that the company has managed to outperform Sony on the Tokyo Stock Exchange.

Nintendo achieves its highest value since 2008

At the time of writing these lines, Nintendo reported a capitalization equivalent to ¥ 5.45 trillion yen, above the ¥ 5.40 trillion yen that Sony costs today. This is a very important merit, because Sony is not only dedicated to video games, but also to telephony or cinema, among other items. To give you an idea, Nintendo is a company with more than 5, 000 employees, while Sony has more than 143, 000.

With this achievement by Nintendo, they have managed to enter among the 15 best-rated companies in Japan.

Its evolution in the Tokyo Stock Exchange

While the Japanese company planned to sell 10 million Switch consoles until March 2018, investors are "anticipating that production will exceed plans, " says Masahiro Ono of Morgan Stanley. Analysts expect Nintendo to post a net profit of 93.1 billion yen, double the company's projections to date.

This success has taken the Japanese company by surprise, which is currently having stock problems in several countries, such as the United States, where Switch managed to be the best-selling consoles in the first months of launch.

The last time Nintendo overtook Sony was last year, with the fury of Pokemon Go, but on that occasion it only lasted one day.

Source: neogaf